asgatech Develops A Digital Service Platform “Land and Loan” for the Saudi Industrial Development Fund (SIDF)
asgatech, an innovative software development and technology solutions provider, in partnership with the Saudi Industrial Development Fund (SIDF), has developed and implemented a fully integrated digital service platform “Land and Loan Portal” for investors in the logistics sector.
To navigate the complexities of loan application and management, the Saudi Industrial Development Fund (SIDF) in cooperation with the Saudi Authority for Industrial Cities and Technology Zones (MODON) has decided to put in place a unique solution: The “Land and Loan Portal”.
Developed by asgatech, Land and Loan Portal is a web application that enables investors to apply for an industrial loan easier, faster, and smarter. The web-based portal provides multiple features, designed to help investors apply for land and industrial loans through an automated application process and a unified portal; all online and without going through the headache and hassle of the traditional process of complex documents and toggling between institutions.
In February 2018, asgatech started the Land and Loan portal development project. With the leadership of asgatech’s Project Manager, Mohammed Abdel Mourdy, a skilled team of web developers have put in their expertise and built an agile web app using .NET Core, the open-source software framework developed by Microsoft. In only two months, asgatech team completed the multi-phased development of the portal.
During development, asgatech was able to achieve efficiency, ease of use, and security to provide a robust solution that perfectly serves the purpose of the platform, facilitating and fast track loan applications securely. Equipped by the power of technology and the expertise of its people, asgatech offered a full cycle web application development process, typically including conceptualizing and planning, designing, multiple development iterations, prototyping, developing, testing, and deployment, delivering a well-developed and tested and high-performing web portal.
Land and Loan Portal Reflects on Saudi Vision 2030
Today, the Kingdom is undergoing a massive transformation under the new reforming plan of The Saudi Vision 2030, which promotes new opportunities to diversify the Kingdom’s economy, including (but not limited to) manufacturing and financial industries. And With the new portal making it possible for investors to secure land and industrial loans easily and effectively, Land and Loan Portal is a significant milestone that comes in line with Saudi Vision 2030 to promote investment in industrial and economic cities and areas.
- About SIDF
Saudi Industrial Development Fund (SIDF) was established to focus on facilitating financial enablement to all the industrial investors in Saudi Arabia. SIDF is committed to industrial sector development either by supporting investors, nurturing investment opportunities, or overcoming the sector’s challenges.
- About asgatech
Founded in 2003, asgatech is a software development provider, helping government institutions and large-scale enterprises across industries with a wide range of software and technology solutions. With a blend of experience, technology capabilities, and skilled teams, asgatech offers efficient and effective development and consulting services to support our clients in their digital journeys.